Growing Value: Business-University Collaboration for the 21st Century Book

Growing Value: Business-University Collaboration for the 21st Century Book

Authors: David Docherty, David Eyton, Alan Hughes, Ben Martin, Andrea Mina, Shirley Pearce, Jocelyn Probert 
Editors:
David Docherty, Martin Ince
Published: 17th July 2014

Growing Value: Business-University Collaboration for the 21st Century provides a comprehensive summary and update of the evidence base for the benefits of collaboration. 

Updated statistics in the book reinforce the recommendations of the Enhancing Value Task Force run by NCUB in its previous incarnation as the Council for Industry and Higher Education (CIHE). The Task Force completed its original work in 2012 and was headed by David Eyton, Group Head of Technology at BP and Professor Dame Shirley Pearce, former Vice-Chancellor at Loughborough University. The Task Force produced three reports on the value of research and development to the UK economy, which are collected in this new comprehensive publication.

The four key recommendations are:

  • Maintain the excellence of the UK research base. The key to this is a long term commitment from government.
  • Prioritise and finance collaboration and the sharing of best practice in innovation between UK universities and businesses, local and global.
  • Promote entrepreneurship and entrepreneurial management in universities in order to enhance risk-taking and innovation in business.
  • Develop consistent but differentiated sector strategies. Here the aim is to ensure that interactions between universities and business match the innovation system of the industry concerned.
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